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Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback?

CoinGape LogoCoinGape13h ago

Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback? - CoinGape

Quick Summary:

Shiba Inu price has tanked by 41.75% this year, mirroring the performance of other traditional meme coins like Dogecoin and Pepe.

This crash has coincided with sustained selling by whales, who have dumped over 13 trillion tokens since January.

The short-term SHIB price forecast will be volatile as the whale dumping continues.

More Pictures

Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback? - CoinGape (Picture 1)Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback? - CoinGape (Picture 2)Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback? - CoinGape (Picture 3)

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 16:05:38 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 522 words

Reading Time: 3 minutes read

Sentences: 49 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28410128

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 39 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback?" has 522 words across 49 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Whales Dump 13T SHIB, Will Token Burn Catalyze Shiba Inu Price Comeback?" was covered 13 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 39 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28410128
  • URL: https://chronographically.beamstart.com/news/whales-dump-13t-shib-will-17464617395934

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